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    Brazil | Inflation stopped falling in May but will continue to trend down going forward

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    Published on Wednesday, June 8, 2016

    Brazil | Inflation stopped falling in May but will continue to trend down going forward

    After falling significantly in the last three months, annual inflation reached 9.32% in May, slightly higher than in April (9.28%) thanks to higher-than-expected pressure from food and regulated prices. Even though these factors create upside risks, we expect inflation to continue to lose steam in the next few months.

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